Indices closed down.
S&P 500 @ 2260.96, low 2256.08, high 2263.18
RSI @ 65.11
CMF @ -0.056
Internals were :
Down volume led by 1.76 to 1 in NYSE & 1.70 to 1 in Nasdaq
Declining stocks led by 1.36 to 1 in NYSE & 1.88 to 1 in Nasdaq
Net new 52 wk highs were leading by 70 in NYSE & 73 in Nasdaq
VIX UP 1.42% @ 11.42
Oil @ $52.95
Gold @ $1130.70
AH ER..CTAS Down 2.83%, SGYP UP 11.39%
AH futures Mixed
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE is marking time for holidays and low volume. Looks like after Christmas on Tuesday, we may resume some buying, although we may have low volume until after New Year. It has been a very good market for many, so a rest from Wall & Broad is overdue.Do not read too much into low volume and flat market, we are trading in a very narrow range, which may continue for two more weeks. Stay with your high comfort stocks.
BLOG does NOT give buy or sell.
Saleem
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